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20121101
20121130
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, this is the journal. >> here's a look at what's coming up. >> the u.s. heading towards its fiscal cliff. the president reaching out to congress. >> the german parliament passes a disputed child care benefit. >> the day of the wall came down. evens that changed everything. >> in less than two months, the u.s. will enter the perfect economic storm known as the fiscal cliff. a combination of tax increases and budget cuts could send the united states back into recession. >> barack obama back at work after his election reached out with republicans today saying he wants to reach a solution but only f the ridges are asked to give more. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenge, but i refuse to accept any approach that is not balanced. i'm not going to ask students and seniors, middle-class families, to pay down the entire deficit while people like me, making over $250,000, are not asked to pay one dime more in taxes. i'm not going to do that. "the very clear word from the newly elected president. what do you think? you have the president inviting congress
>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
hands a defeat to prime minister david cameron over eu funding. >> as the u.s. northeast picks up the pieces after sandy, barack obama hits the campaign trail again. >> bayern-munich rocked to ctor >> t p must be reduced. is calling kamins fright night. >> dge,be conservative party revolted, demanding >> when the voteasthe oositiola. men'ow par rus to tothet sen year b tse sptspoti louisuprtg sndg n bindg, iisignifint ireentyriinte anitle, mbetuethus seimt-sovnmt c silehaed tn e de y gi oseesrepaga sewtsote amg roanruh smmi lpeina b ac. hudaren's im mi w -shtrweren os ctait leaders in different countries. atsorl r lics himi. also had iran received 8biio eus 20 tstilets nkgysmro the e you. dublin would like ton roantali mhasm nd t conliteince meelffedrae,uthe ga no concrete promises. la ianutanng amefow europe can emerge from thisha wh i wt tot. >> at o01 iranil aumhe you's rotating psinc -- the's rotating presidency. >> let'chk iitou potical crespondentwho is covering t sry oheudt g--rer in europe. what can wxpt has berlinxpting to happen at these bgetas lerhi moh? haelrerl s a
as successor to president hu jintao. he visited the u.s. in early 2012 to promote relations. his counterpart, vice president joe biden, was with him for much of the five-day visit. >> xi showed that on some issues the two governments will not necessarily see eye to eye. xi will likely be joined at the top by li kequiang, the man widely expected to become china's next premier. li became a member of the politburo standing committee in 2007. he skipped the stage of politburo member during the communist party convention along with xi jinping. li became vice premier in 2008. li keqiang is 57 years old. he's currently in charge of domestic economic policy. >> li studied law at the prestigious beijing university, where he went on to get a ph.d. in economics. his classmate told us li also dedicated himself to studying english. he says the man who will become china's premier showed no sign he would become a politician. >> i think every single day he got a lot of tickets in his pocket. in one side, he would write english, another side, chinese together. start out like this. and every day he read this,
under way across the u.s. as americans decide who will lead the country for the next four years. after vigorous campaigning right to the last minute and aggressive advertising that made it the most expensive campaign of all time, president barack obama and his challenger mitt romney both into the election day confident of victory. >> but most election polls say the race for the white house is too close to call, meaning the result will be decided in a small number of so-called swing states by florida, ohio, virginia, and new hampshire, which was the first to vote on the stroke of midnight. >> voting began early in this part of new hampshire. the first ballot such traditionally cast here at midnight, and after the first 10 were tallied, it was a drop -- draw. >> for president -- this has never happened before -- we have a tie. five votes each. >> of voting in dick's bill has never been a gauge for the rest of the nation, but this year, polls show the race is a dead heat -- voting in dixville has never been engaged for the rest of the nation. >> after all the months of campaigning, after
the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad day for wall street. >> i don't think it's for the best of the country. i had a good feeling that romney was going to be a better candidate for the economy. not bowl. obama. >> many offices in history manhattan remain closed. new york city officials have struggled to turn power back on after hurricane sandy hit last week. >>> following an overnight plunge on wall street tokyo share prices are falling thursday morning. the key nikkei arm now currently standing at 8888. that is down 84 points, or just about 1%. investors placing sell orders on especially export-related issues. currencies, the dollar is currently being sold against the yen. worries about u.s. and european economies. the dollar/yen, 79.96-80.01. the euro/yen, 102.01-06. market players are buying the yen, it's regarded as a relatively safe asset amid pessimistic factors. those include the overnight sell-off on wall street, as well as the grim economic outlook for the eurozone which w
with the united states more reliable. the japan/u.s. alliance has been weakened under the democratic party government. >> abe says the liberal democratic party is well prepared for the election. he says it has reviewed its principles and streamlined its policies. there were mixed reactions from people around japan. >> translator: we are suffering so much in fukushima since last year's disaster. i don't understand why politicians cannot work together. >> translator: fukushima is slowly but steadily moving forward in its recovery. it would be regrettable if the momentum slows in the coming weeks. >> translator: i've been looking for a job for two months. i just want the government to create more jobs. >> a business leader expressed his hopes. >> translator: the private sector is trying its utmost to survive. we hope politicians will create a society and nation where those who make efforts are duly rewarded. >>> campaign managers are already busy mapping out their tactics. nhk world's senior political commentator masayo nakajima has charted the strategy of countless campaigns. i asked him ear
>>> dememracy in america. voters in the u.s. decide who they think should lead the country. one man has spent the past four years reshaping how americans see their country and how america is seen around the world. u.s. president barack obama took the wheel of an economy that resisted efforts to write it. now voters are deciding whether to stick with him or whether his republican opponent mitt romney deserves the job. eyewitness news line will focus all day on the race for president. >>> millions of americans are still voting. millions are already making their choices and already we're getting some hints about who they chose. our partners at abc news project barack obama will capture 3 electoral votes and mitt romney 33. >>> let's take a look at the projections state by state. the states in blue are for obama. the runs in red for romney. romney in south carolina, indiana, and kentucky. the projections give obama 3 electoral votes and they hope the number adds up to 270 or more needed to win the election. obama and the first lady arrived at home in chicago. the president wrapped hip h
obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have any ambition to gain an advantage but we just want to stop the fire. >> more than 1000 rockets have be
the u.s. life led on the sidelines of the east asia summit. the negotiators wanted to conclude a deal by the end of this year, but they couldn't agree on how to eliminate tariffs and they're still divided on other issues such as whether they will allow exemptions to the rules. australian prime minister julia gilliard said an ambitious deadline would be to reach agreement by next oblt. the negotiators will meet again next month in new zealand. >>> january 1, 2013 marks more than just the new year. for americans it could be the beginning of simultaneous tax hikes and spending cuts. >> talking about the fiscal cliff and everyone is talking about it including the u.s. federal reserve chairman ben bernanke. he warned the imminent fiscal cliff poses a stashlg threat to the nation's economy and does say cooperation to resolve budget worries could boost u.s. growth. >> the realization of all of the automatic tax increases and spending cuts that make up the fiscal cliff ab isn't offsetting changes would pose a substantial threat to the recovery. >> the central bank chief urged the government a
of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to jerusalem with talks -- to talk with benjamin netanyahu. he condemned the attacks and the loss of civilian lives in gaza. netanyahu reiterated that they would be willing to are dissipate in a ceasefire but only if hamas immediately sees as the rocket attacks. >> the long-term solution to be put in place through diplomatic means and israel then would be a willing partner to such a solution, but if kroger military action through the necessary to stop the constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> there are signs that diplomatic efforts may be bearing fruit and mediators iran optimistic that a deal can be made to avert an israeli ground offensive. >> -- mediator's remained optimistic. >> what is the reaction to reports of a ceasefire? >> people don't really believe it
. that means palestinians have gained more powers but u.s. and isiseli leaders argue it throws up more barriers on the road to peace. >> reporter: it was a historic day for palestinians. before the vote palestinians president made his last plea to gain the support of delegation from u.n. member states. >> translator: i am hoping everyone's decision will give a birth certificate to the state of palestine. >> the assembly voted on a resolution to award palstines nonmember state. >> the result of the voting is as follows. in favor, 138. opposed, 9. abstentions, 41. >> reporter: an overwhelming majority voted in favor. among the minority who voted against resolution were israel and the united states. they argue that the palestine state hood should be negotiated between the two parties first. thursday's vote was a significant victory for the palestinians after their bid to gain full u.n. membership was shelved in the security council. being recognized as a state pal stain my exercise its new right to investigate alleged war crimes by israel. critics say it would the detrimental. it remains to be see
program. he'll likely ask china to persuade the north to skrapt launch. u.s. analysts said recent satellite photos said pyongyang may fire another missile. north korean military leaders launched what they called a satellite from the same pace in april. western intelligence analysts said the device, which crashed, was a long-range missile. >>> people at a japanese electronics company are interested in strength ning their renewable energy depart uchida from the businessk joins us now. >> i want to tell you specifically about rechargeable batteries or storage batteries. they're use envelope households during pow area outages, they're useful to drivers who use them in place of gasoline. the people at nec in japan understand that this is a growing and important market. the japanese electronics firm will join the bidding for a bankrupt u.s. company making storage batteries. nec officials say they want to buy the failed batterymaker a 1, 2, 3 systems. the u.s. firm filed for bankruptcy protection last month. it will be up for auction in early december. sources say nec could end up paying
leaders are concerned about what's happening in the u.s. why should they be worried? >> we've heard the fiscal cliff quite a few times. we're going to hear much about it and that's a fact. tax cuts are going to expire just as spending cuts kick in and many fear this will push the u.s. into a recession. the head of china's central bank knows how connected the global economy is. he said it would have an impact well beyond the borders of the united states. >> translator: many drins are concerned about the possible effects of a fiscal cliff. the global economy faces a number of uncertainties which are making it hard to judge china's economic forecast for next year. >> some indicators are rebounding and the economy is stabilizing. >> the nikkei is down over 1% from thursday's close around 101 points. investors selling stocks. that's after the dow jones suffered more than 120 points. investors concerned about the u.s. fiscal cliff issue. let's switch to currency as well. let's have a look at the currency levels now. 79.50 to 51. euro 101.30. a possible delay in greece receiving financial
country is ready to do what it takes to defend its people. u.s. president barack obama spoke with netanyahu. they agree they need to stop attacks. morsi says the israelis must realize their aggression will only lead to instability in the region. iran has condemned israel's military assault on the gaza strip. the iranian foreign minister had to convince israel to stop its military aggression. >>> another round of talks on iran's nuclear program is about to resume. negotiators will meet in brussels next week in their latest attempt to move the discussions forward. negotiations between the six nations and iran have been suspended since they last met in june in moscow. the two sides have failed to make any significant progress on the issue. they are demanding iran halt its program. it's concern that the end product could be used to develop nuclear weapons. foreign policy chief kathryn ashton and negotiators of the six countries will discuss a new nuclear proposal for iran. >>> the company responsible for the massive gulf of mexico oil spill is facing the largest criminal fine in
wco t the "journal fm dw ibein omg u -- syrianebel face a u.s. pbeorlled rris after a video appears to sw ms ecio o prons. >> president barack oma a reblanhaenr tt mn g bk t attack in thein sge othleio bale >> and seeking clarity --ern chancellor angel merkeln w to develop renewable energy. weeg i sia wrehe lirys currently stepping up its use of airpower in an fort t deft t rebel >> opposition forces s a let pplha bnild an air strike near the turkish border. anwhile, aideo emerg of what appears te poti fite executing government soldiers. >> the un says atf the vide is autnticated, the action would constitute a war crime. >> as their prisoners cower in terror, rebels celebrate. this video is said to of been coed in northwestern syria. governmentorces and rebels have been fighti there for weeks. on thursy, rebstoed several army checkpoints. they appear to haveapred these government soldiers. in the video, rebels yell, "you are assad's dogs" at their captives, and then they prayed. after tt, the fired rnd afte round, killing at least 10 of those prisoners. the united nations is tryin
of state were quick to offer their congratulations, but the u.s. faces hurdles to remain an active player in the fast-growing region. in his first term, obama shifted u.s. foreign policy toward the asia pacific, an area notable for its rapid economic expansion. enthusiasm over obama's reelection rippled through the region. students at an elementary school in the indonesian capital jakarta cheered loudly. obama attended the school when he was in the third grade. japanese prime minister yoshihiko noda contacted the president and pledged his cooperation. u.s. and japan have the opportunity to improve ties, especially since relations between japan and china have soured over the senkaku islands conflict in the east china sea. south korean president lee myung-bak said he's sure the u.s. and south korea will continue to develop their alliance. australia is another key ally in the region. prime minister julia gillard pledged cooperations during president obama's second term. >> i'd like to welcome president obama my warmest congratulations on his reelection. we've got so much to do together in th
the u.s. he said american official leaders have promised to minimize the global consequences of official tightening. >>> president barack obama and mitt romney are making their final pitches before americans head to the polls. obama visited three swing states. he told a crowd in wisconsin that romney would resurrect the republican policies of four years ago and preserve tax cuts for the wealthy. >> it's a choice between returning to the top down policies that crashed our economy or a future that's built on providing opportunity to everybody and growing a strong middle class. >> romney also campaigned in swing states. he told an audience in florida that obama had failed to deliver on promises to reduce the economic burden on americans. >> tomorrow we begin a new tomorrow. tomorrow we begin a better tomorrow. this nation is going to begin to change for the better tomorrow. >> the latest poll from abc news and the washington post suggests 50% of likely voters will cast their ballots for obama. 47% for romney. polls indicate a close race in eight states. some suggest the candidates are runni
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a orist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those sam
of early elections. one of the world's biggest consumers of fuel may be self-relia self-reliant. u.s. us a makers churn out car after car but it seems americans will making more fuel to power them. >> that's light. industry analysts expect a major shift will take place in the near future. we're hearing the united states will become the world's largest oil producer in the next five years. the iea said u.s. oil output would surpass saudi arabia. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient in energy by 2035. that's due to an expected surge in production of shale gas. a type of natural gas trapped in under ground rock. america relies on it for 20% of import needs. now let's get a check on the markets. the yen is losing ground slightly against the dollar and the euro. dollar/yen is changing hands at 79.57 and the euro/yen is quoted at 100.99 to 104. debt stricken greece could get bail out funds. share prices are rising slightly in tokyo. this morning the index stands at 8,695. that's up about two-tenths of a percent. the index fell six days
. >> the final campaign day for the u.s. president and his neck- and-neck rival. a last-minute scramble for votes. >> the syrian regime steps up its campaign of violence as the oposition struggles to unite. >> argentina is on a roll. citizens of buenos artists discovered the joys of riding a bicycle. >> they have been battling it out for the past 18 months. spent of billions of dollars of their campaigns and the still the polls show that the u.s. presidential election is too close to call. both presidential -- both president obama and his republican challenger on the final stance of the campaign, promising to get the country out of its economic slump. >> the election could come down to a handful of battle-ground states. making final pitches to u.s. voters. >> mitt romney began his last day of campaigning in stamford, florida. in 2008, florida voted for obama. but he hasn't kept his promises, says romney. unemployment and the national debt are higher than ever before. >> one day away from the first day of a new beginning. my conviction of better days are ahead. it is not based on promises or rheto
reaffirmed egypt's commitment to the palestinian cause and a need for just resolution. u.s. secretary of state hillary clinton helped negotiate the deal. she promised to work with partners in the region. the israeli military killed about 160 palestinians during the conflict. palestinian militants fired rockets from the gaza strip that killed five israelis. prime minister netanyahu said the right thing is to reach a lasting cease-fire but he warned of a wider military operation if security was threatened. hamas leader mashau warned his forces would resume attacks if israel broke the truce. >>> people in jerusalem are wondering if the cease-fire will hold. cohey sue gee has covered the middle east for years. he was in gaza on the first day of the offensive. kohei, why did the two sides agree to this truce? >> reporter: well, thousands of rockets have been fired since israeli forces withdrew from gaza in 2005. the israelis seemed to have come to the conclusion that they succeed the in reducing the ability of hamas to attack. and i think the influence of the u.s. contributed to bringing a
for an economic nightmare. unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff frightens more than just greenblatt. numerous business owners across the
authority president is in the united states where he met the u.s. assistant secretary of state. the u.s. says it will vote against upgrading the palestinians from an observer entity to an observer state in the united nations. >> in syria, 34 people have been reported killed in a double car bombing in. reports indicate a suicide bomber blew up his vehicle shortly after a bomb went off. the attacks targeted a town loyal to president assad's government. meanwhile, an unconfirmed report says rebels in aleppo in the north shot down a fighter jet and captured its pilot. egypt pose a political crisis is deepening. clashes erupted in cairo between police and protesters who have been occupying central tahrir square. >> they about to stay put until president morsi withdraws from power. >> he insists that his decree is necessary for national security and is only temporary. >> police used tear gas to try to disperse the crowds, but the morning after mass protests, many demonstrators vowed to stay put. critics feel cheated. they say the president's decrees go against the spirit of egypt's revolution
recognition of a palestinian state today, despite strong u.s. and israeli opposition. >> in europe is also divided on the move. a majority of the 27-nation european union including france and spain, is expected to back the palestinians. germany, on the other hand, said it would abstain, and britain is expected to do so as well. >> hundreds of palestinian flags flying in support of statehood. people await the outcome of the united nations vote with bated breath. many have been waiting for this for a long time. recognition of a palestinian state by the united nations. >> today is a very important day for the palestinian people. we are excited. we are happy. we think the international community will not be disappointed at this time. i hope. >> palestinians are pushing to have their united nations status of credit to that of a so- called non member observer state, which does not include voting rights but brings with it the symbolic recognition of statehood. it would also mean the possibility of access to the international criminal court in the hague, but israel says the proposed resolution doe
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
unfounded. also, the information stored on servers in the u.s., which opposes legal problems. can it then be used as evidence in german courts? public opinion is divided. >> our privacy keeps shrinking. i do not like it. >> if they are using it as a tool to solve crimes, sure, why not? >> the lower saxony police have found an effective way to use this book is to post links on it to their german-based site, which contains pictures and detailed descriptions. it is a legal work around that could become a national blueprint for digital crime solving. >> christie's has recorded the most successful sale of contemporary art ever, taking in more than $400 million. >> many buyers are increasingly seeing art as a safe investment now. a large-scale sculptures sold for $33.7 million, the highest -- second-highest price ever achieved at an auction by a living artist. coming up after the break, we will be taking a look at china's new leadership. do not go away. >> stick around. >> welcome back. he's just become one of the most powerful men in the world. >> today in beijing, he was named the gen
to be "realistic." he pointed out that with the u.s. presidential election and the change in leadership in china, it is hard to predict how the two biggest polluters, how much pressure will be coming from them for an agreement. furthermore, the opinion is no longer playing the leading role that it once said they wanted to. the german government itself is also divided. the economics minister is worried about the impact of potential climate regulation on business. all in all, the political landscape does not suggest there will be a huge breakthrough. >> is it fair to say the climate concerns have taken a back seat to economic concerns? >> that was the case during the economic downturn. the euro crisis tends to touch people more directly than a climate change. i think there is some complacency in europe. people feel europe has met their climb at target and they have done their homework. other countries need to do more. greenpeace says it is time for europe, and germany in particular, to take the lead by being more ambitious. >> simon, thank you. >> the estimate they will pay of $900 million in clai
policy watch, the u.s. jobs data, which will be out on friday, as well as the u.s. presidential election next week. so a lot to watch out for. back to the studio. >> a lot to watch out for indeed, thank you very much. our business reporter at the tokyo stock exchange. >>> that's all for business news for this hour. i'll leave you with a recap of the markets. >>> u.s. president barack obama would be speaking to crowd after crowd in swing states if it hadn't been for the storm. he has less than a week to convince undecided voters. most americans have already examined his record over the past four years. he started his term with a sentiment offered by many of those who came before him. >> that america can change. our union can be perfected. >> many americans have grown tired of what their country had come to represent under george w. bush. obama promised change at home and abroad. he brought an end to the war in iraq. he said u.s. combat forces would pull out of afghanistan by the end of 2014. and he promised to decimate al qaeda. >> after a fire fight they killed osama bin laden and took c
staff both in germany and% abroad. data to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia, general david petraeus -- >> to the u.s. now, where revelations have emerged in the scandal that caused the downfall of the head of the cia. >> general john allen is alleged to have had inappropriately to one of the women involved in the scandal. >> he was due to become nato's supreme commander in europe, but that appointment is now on hold. meanwhile, even more details of the scandal concerning general petraeus are coming to light. >> former cia head david petraeus said the affair lasted from december 2011 until four months ago. paula broadwell co-offset a biography on petraeus and made multiple trips to afghanistan -- co-authored a biography on petraeus. investigators are reported to have found that she had access to sensitive documents about afghanistan. agents searched her family home in north carolina on monday night. but there is another high-level figure involved. the pentagon is now investigating general john palin, the palinisa
with the development of long range missiles. u.s. researchers at johns hopkins university say the country has conducted at least two tests of large rock elt motors since the failed launch in april. one satellite image shows the removal of field tags and the appearance of exhaust screens. they say the sign tests have been carried out. another image shows similar discolorations and stains and an object that appears to be a large rocket engine. the analysis says that construction activity is under way to launch an even bigger rocket. it warns that north korea may start a new round of nuclear and rocket tests in the first half of next year. two south korean presidential candidates who joined forces for next month's election are thrashing out which one will stand. unaffiliated politician xiu and mu ching of the democratic united party struck a deal they won't stand against each other. south koreans have shown in polls a joint candidate would match the front-runner from the ruling party. members of both camps are currently discussing how to decide on who should stand. local media have proposed the idea of a
to get the green light. on the sidelines of the east asia summit in cambodia on november 20th. >>> u.s. president barack obama declared his intention to raise taxes on wealthy americans. he says he wants to discuss this openly with republicans who control the house of representatives. obama on wednesday held his first news conference since re-election. he expressed strong concern about expiring tax cuts and automatic spending cuts referred to as the fiscal cliff. unless lawmakers can agree by the end of this year to extend the tax cuts for middle class, the economy could plummet. >> we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on, and that's to keep middle class taxes lower. >> obama stressed the u.s. cannot afford to extend tax cuts for the wealthiest 2% of the population if it wants to reduce the country's mounting deficit. obama asked for cooperation from republicans. he said he is open to compromise and open to new ideas that could bring about a rise in tax revenues. >>> let's check on the markets. first,
. the document warns the fiscal cliff would not only deal a heavy blow to the u.s. but might drag the global economy into recession. as for japan, the oect downgraded the outlook from 1.5% to 0.7%. they cited weak domestic demand. analysts urged the nation to compile detailed reliable plans for fiscal reform. u.s. consumer sentiment hit the highest level in more than four and a half years. researchers at analytics form the conference board say the consumer confidence index rose for a third straight month. the numbers rose to 73.7 in november, up from 73.1 in october. that's against a base value of 100 set in 1985. they say that the christmas shopping season started smoothly last weekend and the analysts are still concerned about the impact the fiscal cliff may have on consumer sentiment. the index is a key indicator of recovery and consumer spending which accounts for 70% of u.s. gross domestic product. now let's get a check on the markets. japanese stock prices are trading lower after four straight days of gains in the nikkei average is currently down half a percent at 9,375. now, investors
e will allow the u.s. to becomesue year 200035. se-- 2035. >>orgn imports are 3 accordin theae by 2017, u.il ori aria ne mho f erain oil and a shell sesvewi beesnsleorhe rnou. -- oil a gre poib. energy is in mndtrl tis llal sghy. it i aifre sryn eae cles wl meand the m sharply over the xtece. the international agency -- energeyelvemail be spped to asia in theute dillchgihe map o global energy flows. >> and no major plunge for the daxod. we on this report fmhe anurstk chgen at movintoy. >> to 0.7%, the gmastk de ltn e pvis week, so maybe it is already good ns tt d n inevitably plunged further on e rstrindaf is ek political issues like greec eisl ifn the united states, kpi iesrs xis darngeason is about to come to an e i gean so far, very few mag t suriitthr earnings and many doubt whetherheutok mi in will manage to change the trend. l'av aloser loo at some of the market numbers. thax ending justlitlup 78. euroox0 down. theowonp a bit to 1235 theus adg a $1.2710. >> we seem to having se chnical dficulties. l's tn to some japanese stocks. they have taken de closing almost one o d
index is up there about .4. it's intel outside for the boss of the major u.s. jet maker who is taking early retirement. intel has struggled in the global shift. intel officials announced on monday that paul otalini will retire next may. they have started selecting his replacement. he became the fifth ceo in 2005. he built closer ties with apple. int intel's growth slowed as it fell behind in smartphones. intel saw its market value this month beat out by its rival. china has postponed the japanese merger for a third time. they are having to put off plan consolidation of their ship buildings operations. they are waiting on approval from chinese anti-trust authorities. officials from japan's second large largest shipbuilder say they will postpone their merger until january 1st. the shipbuilders are required. chinese officials have not completed the paper work. they are reportedly failing to respond to the japanese firms. there's falling global demand for ships. the two builders plan to merge to help them design energy efficient vessels. they are aiming the boost maritime operations. that
stripping him of all seven tour de france titles and banning him from the sport for life on the heels of a u.s. anti-doping agency report that concluded he cheated throughout his career by using steroids, the blood booster epo, and blood transfusions -- claims he continues to deny. armstrong telling a crowd of cyclists at a fundraiser he faced a very difficult few weeks. >> people ask me a lot, "how you doing?" and i tell them. i say, "well, i've been better, but i've also been worse." >> longtime sponsors nike, trek bicycles, and anheuser-busch dropping him. armstrong also stepping down as chairman of livestrong, the cancer-awareness charity he founded 15 years ago. >> former cuban leader fidel castro contradicting reports that he is on his deathbed, writing an article in a state newspaper criticizing western media and those who spread rumors. that paper also publishing what it claims are recent photos of the 86-year-old revolutionary. castro rarely making public appearances after stepping down in 2006 following a severe illness and handing power to his brother raul. thousands of pilgrims flo
, and editor of "u.s. news and world report," he's received both the national book award. you can read his blog at theatlantic.com. jim fallows, it's good to see you. >> thank you so much, bill. honor and pleasure to be here. >> what surprised you about this election? >> i guess what surprised me is, as the results sink in in the days after the election, how thorough going was the repudiation of what had seemed the unstoppable tea party momentum of the previous two years. and i think the fact also that in the days before the election, essentially, the right wing is saying, "yes, this is going to go our way again, as it did in 2010." i was in touch with lots of people in the romney campaign who really thought they were going to win and win big. it's been fascinating. there's been very little of the narrative from the right saying, "this was stolen, it was all fraud," et cetera, et cetera. and i think they may be sinking on them that they were out of touch with the actual nature of the u.s. now. >> you wrote the other day that the reelection of obama is actually more impressive and maybe more imp
with its strongest rivals such as u.s. giant general electric. damascenes missed its earnings target by a wide margin and got beaten by rivals in the number of sectors. management now plans a sweeping reform to get the company back on track. it plans to beef up core activities and sell off unprofitable units. the effect of the workforce is uncertain. >> on to the day's market action. after starting off in positive territory, european shares slipped back in afternoon trading. our correspondence sent the summary of the thursday trading session in frankfurt. and investors really liked what siemens had to say, applauding efforts to generate more profits by accelerating the efforts to save costs. it was one of the top gainers of the day, and it also supported the move in the general market for a long time. also helping that mood, the greek parliament said yes to a hard austerity program that is difficult for the population but that will bring savings of up to 13.5 billion euros. investors liked that. the mood changed, though, to the - when the ecb came through, the european central bank,
reviewed it demand for the u.s. to lift its embargo on cuba. the general assembly voted overwhelmingly to adopt a non- binding resolution calling for united nations members to consider the embargo illegal. only the u.s., israel, and an island state voted against. >> rome has been put on alert as the flooding has now reached the country's capital. >> meanwhile, people are beginning to clean up. the extent of the damage from the record flooding is becoming apparent. >> there was no rain on wednesday in central italy, but that was a small consolation to those affected by damage from the flooding. some areas in the region have not seen flooding is bad for 200 years. but back then, the river valleys were not built up. >> i have never seen anything like it. completely unexpected. it is breaking us. >> the regional governor of tuscany has blamed climate change for the catastrophe and said the flooding could get worse in the future. farmers are worried that crops could fail. the tiber valley has been particularly hard hit. >> i have suffered huge damage. the feed for my livestock has been dest
oil spill ever in the u.s. some business owners and residents are still feeling the impact from the disaster. >> these images were broadcast around the world, a seemingly unending oil spill off the gulf coast in america. >> light 35%-40% less business. "they have accused bp of acting with negligence which is why the u.s. departments of justice have made it clear more trials may follow. >> today's resolution does not -- it does not -- marked the end of our efforts. the criminal investigation remains on going. >> on top of criminal cases, but civil lawsuits and other claims. under the clean water act, bp could be fined up to 16 billion euro which would harm their finances even further. bp stock prices never fully recovered after the disaster. today, shares are about one- third less than their value before this bill. >> is bp remained at these levels, it becomes a takeover target or a breakup story. either the stock will move up organic we are it will be taken out by a company that is competitive. >> the next big risk is not as losing money but it could determine the very future of
and rocket fire killed more than 160 palestinians and 5 israelis. >>> south koreans will soon >>> the u.s. ambassador is used to defending her foreign policy decisions. susan rice has broken her silence to defend herself. she's a candidate for secretary of state but she's faced scrutiny because of comments she made on the attack in benghazi, libya. rice made a tv appearance immediately after the september 11th attack. she suggested protests in benghazi over a u.s.-made film that mocked the prophet mohammed triggered the assault on the consulate. investigators later determined it was likely a premeditated plot by extremists. the attackers killed the ambassador and three other americans. rice broke her silence wednesday in response to rising criticism from members of the republican party. >> i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary. and that our investigations would give us the definitive answers. >> republican lawmakers are mounting a campaign against a possible plan by president barack o
added up to 22 million u.s. dollars. >> reporter: it was built because the original estate ran out of space with an increasing number of japanese companies moving in. the five companies residing here now are all japanese. some who work in high-tech saw a chance to be closer to their clients including samsung and hyundai. one manufacturer opened a factory ten kilometers away from their client, lg. >> translator: clients technical demands are getting tougher. we knew we had to be closer to them. >> reporter: managers at both companies work together to smooth out the production process. they discovered and fixed a glitch in one production line. the change kus costs for both sides. they say they could have only made such progress by working face-to-face. >> translator: now the japanese companies can supply us with more glass products and we can bring in good materials. so for us it's a huge advantage. >> reporter: some say in the moment people in both countries see the tensions through a magnifying glass but they say most japanese and south koreans get along just fine. they have reache
francisco became the first city in the u.s. to ban plastic bags. large stores were not allowed to offer them to customers. the ban was a success. so the city then voted to expand it to every store in town. now communities all across the country are hopping on the "ban" wagon. the day after rye, new york, passed its law against plastic bags, teens were handing out green alternatives. >> there are no more plastic bags going to be offered in stores, so we're helping people out by giving them reusable bags. >> reusable bags are considered the best alternative... >> wonderful. >> ...because even paper bags are bad for the environment. although they can be recycled, they still use up natural resources to make, and the manufacturing process causes pollution. >> it's completely useless to use something once and then throw it away. >> people who work to ban plastic bags say the new laws help reduce the use of paper products, too. >> what most of these communities have seen when they pass these types of laws, is that they've seen an increase in reusable-bag rates, which means that their purchases of p
was the extent to which the u.s. car manufacturers have penetrated that market. >> we should be wanting -- >> exporting. >> but we want to build them here. >> we do build some of them here, and some of them get finished there. penetrating markets helps us. >> what degree of the shamelessness campaigns engage in towards the end bread and this is important, mccain did the right thing -- we're not going to do race. i am sure his staff would have if he had not -- >> in the interest of fairness, the obama campaign did something egregiously indefensible, airing a spot in ohio with a statement about mitt romney, "he is not one of west." that is codeword for the worst form of bigotry in this country. >> see you next week. >> "inside washington" is brought you in part by the american federation of government employees, proud to make america work. for more information about afge and membership, visit afge.org. >> edward hirsch wrote a book, how to read a poem and fall in love with poetry, that became a surprise bestseller in 1999. this poem, a partial history of my stupidity, was inspired by a cz
term, "tampa socialite." general allen is in charge of the fate of 82,000 u.s. troops. ofi don't know the content those are, how many came from him, i don't know those things but we don't know the nature of that relationship. quite a different relationship between allen and joe kelly and petraeus and broadwell -- and jill kelley and petraeus and broadwell. >> why didn't the justice department tell the white house what was going on? >> if they had, we would be screaming cover-up at the white house. damned if you do, damned if you don't. bell and sisson, is that he be told when high-level people were under investigation but not tell the president. it would compromise the investigation -- >> there was an election going on. >> there was, and i agree with nina. you have to be careful that you don't put yourself in the position of the cover-up. what is conduct that is worthy of blackmail? the director of national intelligence, what we all say it is. petraeus could be blackmailed by it and fired by it -- >> the fbi agent thought he was doing his duty. >> he is shirtless and he goes to a cong
and the u.s. >> let's get a closer look at those market numbers for you now. we stick in frankfurt where germany's benchmark dax rounding out friday with a perfect week in the green every single day. it was the best week of the year here in europe. euro stoxx 50 also higher. the dow jones got a boost from shoppers going to stores after thanksgiving. and the euro is currently higher. >> survivors of super storm sandy that battered the east coast earlier this month spent this thanksgiving with an extra portion of gratitude, despite the ongoing lack of power and basic services and the threats posed by looters and gangs. >> we visited an ever had in new jersey where many are still picking up the pieces. we discover that along with strong faith in the future, people are under no misapprehensions. they know it will take years to rebuild. >> jim does not give up easily. his neighbors fled when superstore and sandy carroll toward the coast of new jersey. he barricaded himself inside his seaside park home as the hurricane howled outside. >> all of a sudden, the wind picked up like crazy. the wind
between the u.s. and israel will not change. what has changed is what colby address, and that is, the reality of the arab world. we no longer have mubarak in power in egypt, and that guaranteed to played a key role in dealing with israel. nina is absolutely right, the islamic jihad backed by iran is putting pressure in gaza, and on hamas itself. this has to stop. 1500 rocket attacks on an area slightly twice as large as washington d.c. on wednesday. and attacks within the suburbs of tel aviv and jerusalem are absolutely unacceptable. but i think the hope is this compound -- is this, barack obama has a political advantage because benjamin netanyahu is up for reelection and favored to win. but he was so obvious and so transparent in his support of mitt romney, all but endorsing him this year, i think there is a chance for a resolution. >> that is absurd. what resolution? hamas's charter declares that not only is israel illegitimate and has to be eradicated, but in the carter -- in the charter, jews are the cause of wars starting back to the french revolution. we're stock -- we are
it's because of global warming. in the u.s., temperatures have increased the most in the northeast and the least in south. if you're in rhode island, don't be surprised if you're feeling hotter than normal. that's because the temperature has gone up more there than in any other state. why rhode island? scientists aren't entirely sure. >> in "speak of the week," it's your turn to tell us what you think. >> we've seen it happen. disaster strikes, like a hurricane. the authorities rescue the people, but often their pets get left behind. so, do you think tax dollars should be spent evacuating animals from disaster? >> i love animals. so i'm an animal lover. >> yes, 'cause i'm a vegetarian. so i should answer that question yes. >> i don't. i mean, personally, i'm all for animal rights, but i feel like there are a lot more pertinent issues than evacuating animals from disasters. >> although that is important, i don't think that should be the primary use of our tax dollars. >> um, if they're domestic animals, yes. if they're used for great, um -- great uses, such as maybe elephants in ind
the senate intelligence committee about the september 11th attack on the u.s. consulate in benghazi, libya. before taking the helm of the c.i.a. in september of 2011, the retired four-star general commanded forces in iraq and afghanistan. thousands in new york and new jersey displaced and still without power weeks after super storm sandy hit the northeast. secretary of homeland security janet napolitano visiting staten island, new york, for the second time to see the recovery process. >> first thing's first -- food, shelter, clothing for people who need it, assistance with finding housing, getting life -- life back to normal or as normal as it can be under the circumstances. >> americans across the country paying tribute to the nation's military on veterans day. this year's remembrance marking the first time in a decade there are no american troops serving in iraq. president obama also taking time to honor those who serve. >> we take care of our own. we take care of our veterans. we take care of your families not just by saluting you on one day once a year but by fighting for you and your
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